$SUI
the current momentum is strongly bearish. Here is a quick breakdown of what the technicals are showing:
🔴Price Action: SUI has experienced a sharp drop from its recent high of 0.9604, currently sitting at 0.9170 (down 2.50%).
Moving Averages: The price is trading well below the MA5, MA10, and MA30. The "Death Cross" (shorter MAs crossing below the longer ones) confirms a downward trend.
MACD: The MACD lines are widening in a downward slope, and the histogram bars are getting longer and redder. This suggests that the selling pressure hasn't bottomed out yet.
Key Levels
Immediat